Tag: March 2012

By on April 17, 2012

European car sales are getting it on the chin. Sale in the EU were down the sixth consecutive month, with a decline of 7.0 percent compared to March last year, ACEA says. March is prime selling season in Europe, and customers refuse to buy. March registrations have not been at this level since 1998. January to March, car sales in Europe are down 7.7 percent. (Read More…)

By on April 11, 2012

China’s March numbers are in and they are – ok. The first quarter is down a little, March is up a little. People who were hoping for a return of unbridled growth are just as disappointed as those who had wished the pox of a monster crash on China. (Read More…)

By on April 5, 2012

(We’re big fans of Timothy Cain here at TTAC, and now the independent sales analyst par excellence is on board with us. Welcome!)

It’s one thing to point out that Fiat 500 sales jumped 642% in March in an attempt to display knowledge. It’s another thing to recognize, with great wisdom and awareness, that such a year-over-year comparison is all but invalid given the fact that Fiat only began selling the 500 in March of last year.

(Read More…)

By on April 4, 2012

March was a great month for the auto industry, and an analyst’s Waterloo. The real-time data equipped heavy-weights of Edmunds, TrueCar and Kelley were solidly trounced by bankers with a better feel, better sources, or simply better luck. The podium of March’s “Grade The Analysts” is populated by brokers and bankers, the professional auto oracles have been degraded to also-runs. (Read More…)

By on April 3, 2012

Stories of Greek defaults and Italian austerity programs make you think that Europe as a whole is just about to implode. Not true at all. The export-oriented German economy profits from the still relatively low Euro. The good mood in Germany is reflected in the number of new cars that were registered in March. Germany’s Kraftfahrtbundesamt reports a 3.4 percent rise in March, compared to the same month of 2011. (Read More…)

By on April 3, 2012

Today, record March new car sales will be announced. We will keep our eyes on the numbers throughout the day, come back for details. The so far best numbers were released by Chrysler. Chrysler reports U.S. sales of 163,381 units, a 34 percent increase compared with sales in March 2011. According to Chrysler, these are “the group’s best monthly sales in four years.”

Best performing brand in Chrysler’s stable is Fiat. (Read More…)

By on April 2, 2012

New car sales in Japan rose 72 percent in March to 751,888 vehicles. Sales of registered vehicles climbed 78.2 percent to 497,959, says the Japan Automobile Dealers Association JADA. Sales of separately reported mini vehicles rose 60.5 percent to 253,929, as indicated by data of the Japan Mini Vehicles Association. (Read More…)

By on March 29, 2012

It will be a suspenseful Monday. When new car sales numbers will be announced for March, I could look like carmageddon never happened. After  J.D. Power had predicted sales of 1,372,400 units for March and Kelley Blue Book 1,425,000 units, real-time date equipped Edmunds now sees a total of 1,451,956 new cars changing hands. That would translate into a Seasonally Adjusted Annual Rate (SAAR) of 14.9 million units. (Read More…)

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